Please help me out!:(

a. What are the equilibrium price and quantity of tickets in this example? (10 marks)

b. Your team plans to increase total capacity in its stadium by 10 000 seats next season.

What admission price should it charge? (10 marks)

c. What determines the quantity of tickets that buyers demand? Explain. (10 marks)

d. If market demand increases for a product in a perfectly competitive market, how does the market react and move to a new equilibrium? (20 marks)

Suppose that the price of tickets to see your local football team play at home is determined by market forces. Currently, the demand and supply schedules are as follows: Price () Quantity demanded Quantity supplied 10 50 000 30 000 20 40 000 30 000 30 30 000 30 000 40 20 000 30 000 50 10 000 30 000